As Tim stated, your back-up offer is in place until 1) you withdraw it, 2) the accepted offer closes or 3) the accepted offer falls through and is cancelled. If you want more specific information regarding your back-up offer, you should contact the asset manager assigned to the property you bid on. Go to http://www.HUDhomestore.com, type in the FHA case # and when the property details come up, click the agent info tab to access contact information for asset manager and firm. I have a buyer whose bid was accepted a month ago by the asset manager and is still waiting for HUD to sign the contract, so be patient.
Coldwell Banker Triad, Realtors